Insurance

MassMutual's new head of product and Beazley's head of U.S. cyber, plus more career moves.

With Florida being threatened by more powerful hurricanes, commercial-property insurance costs last year surged at nearly five times the national pace, according to credit rating firm AM Best Co. Inc.

The rise of usage-based insurance programs and mandates for Advanced Driver Assistance Systems (ADAS) are helping to promote road safety.

Megan Sharpe, vice president for direct to consumer media and strategy at Gerber Life has seen the insurer through internal and external, to better support one-on-one marketing to policyholders.

There are at least four major issues to solve in order to unlock the full potential of telematics.

Consumer advocates engaged with insurance and climate change issues are asking NAIC, the association of state regulators, to share the data it will be collecting on property risk by mid-June.

Complexity within the insurance industry is exacerbated by climate change.

The life insurer's head of corporate communications promotes its reliability and stability even as workforce trends change.

Confronted with climate change, digital transformation and shifting consumer expectations, the insurance industry is hustling to adapt to meet new demands.

Michelle McLaughlin, executive vice president, middle market, and chief underwriting officer at Chub, heads a 60-person team underwriting for $6 billion in premiums.